A new report from the Global Commission on the Economy and Climate has found that redirecting infrastructure investment toward low greenhouse gas emission options would not be too costly to implement.
In an article in The New York Times, Felipe Calderón, the chairman of the commission, former president of Mexico, and an economist, said, “We are proposing a way to have the same or even more economic growth, and at the same time have environmental responsibility. We need to fix this problem of climate change, because it’s affecting all of us.”
The Global Commission on the Economy and Climate was appointed by seven countries: Colombia, Ethiopia, Indonesia, Norway, South Korea, Sweden and the United Kingdom. The commission enlisted some of the world’s top economists and business consultants to take a fresh look at the economic questions surrounding climate change.